General News
Data Driven 4G LTE Will Relish Video Streaming, Local Content- Venn

Mr. David Venn, chief executive officer of Spectranet said that online video streaming will become better with the launch of fourth generation technologies (4G LTE) in Nigeria.
Venn who was speaking on the recent announcement by Spectranet to deploy first server for Netflix in West Africa, said that lovers of movies and TV series now have better deals, adding that the gesture will push the pay-tv stations to rethink on their strategies.
Low Cost Online (Video) Contents
He said, “To have a better experience on Netflix you need to have fast internet connection. That is why the Netflix customers are going to have better experience because there will be no buffing; with $10 a month you get the movies in a high definition (HD) and you can watch on two screens. It means you could be watching television at home and someone else could be watching via the smartphone, different content on the same account. In other words, with $10 a month you have all the contents available to you; watching unlimited times. The contents are mainly movies and TV series. Netflix is not even resting on its oars in making available new contents. They spend billions of dollars in producing their own contents.
“Therefore, lovers of movies and TV series now have better deal; you could be watching series from office, continue in your car while heading home after work and you can get home, turn the TV on and resume from the spot you pursed. Now, I am in Nigeria and my son is in UK, we watch Neflix on the same account”.
Venn gave insight on the choice of Spectranet by Netflix thus, “Netflix was looking for a broadband (internet service) provider with high speed an offers quality service. So, they selected Spectranet. We now have a dedicated Netflix server. That contains the whole content (library) of Netflix. Every night it is updated with the California server. So, as new episodes are coming out (fro series) they are updated simultaneously.
“It happens at night when the internet is not too busy, because it requires a huge data to download HD videos. They gave us the server, managed remotely. What that means is that, normally, if you were using Netflix in Nigeria that was downloaded from the UK and US. So, you were internationally streaming videos from their server. But now, with the server in Lagos, it is like local content. On our network you go straight to the server and streaming will be much better and faster for our customers.
Spectranet’s Benefit
“The key thing for us is not only one of the first in Africa to get Netflix server, we are the only one in West Africa. No network provider in West Africa, of any sort has it, including Nigeria. In other worlds, their customers still have to stream movies and TV series from either UK or U.S., for us it is local. They chose Spectranet because of our quality network. They love the fact our customer watch their movies a lot. They have the statistics”.
Local Content
He added that the partnership will also boost local contents such as IrokoTv and Nollywood contents.
“On local content, you already got IrokoTv which is doing quite well. Last year we encouraged our customers to watch IrokoTv; they are a lot of local content (Nollywood) on the platform. That too is helpful. For the fact I am on Netflix, I can as well have IrokoTv account. It gives you choice for foreign and local contents. IrokoTv app can be launched on Netflix, because there are a lot of Contents (apps) on it. For instance, I can watch SkyNews live. I have DStv at home, but I have no time for it, because SkyNews is there and all the Tv series I need are on Netflix. So, I can download IrokoTv app on Netflix and it becomes part of the menu. I am not using a browser; it looks more like a TV station. For instance Apple Box (containing Apple TV), you do not subscriber to it. It is more of plug and play.
“Now, if you acquire Apple Box, it even accords you further varieties. When you view, it synchronizes your Netflix account. So, you do not need to buy the movie the second time. And Netflix is a competitor to Apple Tv. Apple Tv is a different model where you have to pay for everything you watch. If you move to news; SkyNews for instance, I can clique on any piece and watch or view live broadcast. They stream on my internet service.
4G LTE Is Data Driven…Costs of Streaming HD Videos
“The truth is that data is getting cheaper than it was two years ago. We also introduced unlimited night time data usage for our customers. From 1:00am to 7:00am, it is totally free. Thus, you can watch Netflix at night without any cost. Netflix also has its package; if you are a (Netflix) customer, you do not come to us, rather you go to them. They have a first month free package; no obligations as you can choose to sigh off/cancel anytime. So, the $10 monthly subscription is free for the first time you come on board.
“During the day and early evening you will pay for the data (Spectranet). I maintain that data prices are coming down. 80% of our customers are on 20GB plan (which is now 25GB for the same price with free unlimited night browsing). Neflix is an OTT service and we love it. You can switch to non-HD; that is standard view experience, so as to save your data. Secondly, you do not pay per Netflix movie, but monthly, which is cheaper than pay Tvs we have around here.
Plans for Sustainability (Partnership to Drive Traffic)
Spectranet remains the most reliable internet service provider in the country. Our up time is higher than any operator. The last thing you would want to happen is for the internet to be off, especially when you have movie to watch. We have been doing this for over 5 years and the first to launch 4G LTE. With the experience we have gotten we know how to manage 4G LTE network.
“It is very different from managing voice network. We have the backups- generators, batteries, all to make sure network is up. Even if they fail, we have a third party towers to connect instantaneously. We have our data connectivity to our core data centre located in Lagos and connected to major submarine cables like MainOne and three others. Even if the submarine cables are down, you are not losing any data, because the content is local. The only thing that will affect the process is the synchronization at night, because new episodes need to be downloaded. So, if you are using another internet service provider in Nigeria, you cannot access the server”.
General News
US to Deny Applicants Saying they Fear Persecution @ Home Visas

United States has introduced further restrictions on potential asylum seekers by requiring US visa applicants to confirm they do not fear persecution in their home countries.

Donald Trump administration’s goal is to prevent individuals from using non-immigrant visas as a means to claim asylum once they reach US soil.
According to a diplomatic notice sent to all embassies and consulates this week, applicants for non-immigrant visas, including tourists, students, and temporary workers, must now affirm their safety at home to be eligible for entry.
This move is part of a broader shift in policies designed to tighten US immigration controls.
New screening procedures
Consular officers have been instructed to ask two specific questions during the application process:
“Have you experienced harm or mistreatment in your country of nationality or last habitual residence?”
“Do you fear harm or mistreatment in returning to your country of nationality or permanent residence?”
“Visa applicants must respond verbally with a ‘no’ to both questions for the consular officer to continue with visa issuance.”
The statement notes, “Consular officers must prevent abuse of the immigration system by visa applicants who misrepresent their purpose of travel, including those who attempt to obtain nonimmigrant visas for the purpose of claiming asylum upon arrival in the United States.”
A State Department spokesperson defended the measure, stating: “Consular officers are the first line of defence for US national security.
The department uses all available tools and resources to determine whether each visa applicant qualifies under US law”.
To qualify for asylum under current law, an individual must be physically present in the US and be fleeing persecution based on race, religion, or political affiliation.
However, immigration experts warn that these new requirements may force vulnerable individuals into dangerous situations.
Camille Mackler, an immigration policy consultant, told CNN that the directive “is going to put people in really bad, terrible positions of having to make choices that ultimately affect their and their family’s safety.”
She added: “I also think this pushes people to unsafer pathways and unsafer routes, because if you need to leave, you leave, and you do whatever you need to do to do that.”
The rule follows other recent measures, including increased vetting for student visas and a temporary suspension of immigrant visa processing for 75 countries earlier this year.
General News
Fiona Ahimie, MD First Securities Brokers Elected First Female President of the Chartered Institute of Stockbrokers

The Chartered Institute of Stockbrokers (CIS) has elected Fiona Ahmed Ahimie, Managing Director, First Securities Brokers Limited, a subsidiary of FirstHoldCo Plc., as its 14th President, making her the first woman to be elected President and Chairman of Council in the Institute’s history.

Her emergence is more than a leadership change it is a defining milestone that signals the rising influence of women at the highest levels of Nigeria’s financial services industry and underscores the evolving face of capital market leadership.
With close to two decades of distinguished experience spanning stockbroking, investment banking, private equity, real estate, wealth management and business development, Fiona brings deep market insight, global exposure and a proven track record of delivering growth and market impact.
She began her career at one of Nigeria’s prominent Stockbroking firms, where she built a solid foundation in capital market operations and foreign investor deal flows. She later joined FBN Capital (now FirstCap) as Head of Sales Trading, playing a pivotal role in managing both international and domestic institutional deal flows.
In 2015, she was appointed Managing Director of African Alliance Securities Nigeria, where she drove significant expansion in market share, client base, and cross-border transactions.
Since joining First Securities Brokers Limited in 2016, she has led a remarkable transformational growth, positioning the firm among Nigeria’s top-tier brokerage houses by 2018 through enhanced execution capabilities and increased global investor participation.
Beyond executive management, Fiona has held several board and board committee roles and currently serves on the boards of First Funds (the private equity arm of FirstHoldCo Group), NGX Real Estate Limited (a subsidiary of NGX Group), Japtini Logistics, and Awabaah (a micro- pensions business). She is also a member of the Statutory Audit Committee of the Central Securities Clearing System (CSCS).
An advocate of continuous learning and thought leadership, Fiona has received executive education from MIT Sloan School of Management (USA), IESE Business School (Spain), and INSEAD (France). She is a Doctorate candidate at Afe Babalola University Business School.
Her professional affiliations include being a Chartered Stockbroker, Chartered Accountant, and Chartered Director, she is also an Honorary Member of the Chartered Institute of Bankers of Nigeria, she also serves on the Curriculum Review Committee of Lagos Business School and has been a mentor on the WIMBIZ Women on Boards Programme for four consecutive years.
Beyond corporate leadership, Fiona is deeply committed to philanthropy, supporting multiple institutions and sponsoring the education of young people reflecting her passion for inclusive growth and generational impact.
Her leadership philosophy is guided by enduring principles, excellence in execution, a refusal to settle for mediocrity, and an unwavering commitment to integrity and fairness.
Fiona’s presidency comes at a pivotal time for Nigeria’s capital market, as it navigates increased global integration, regulatory evolution, and rapid digital innovation. As President, she is poised to advance strategic priorities including deepening the market, strengthening professional standards, enhancing investor confidence, and nurturing the next generation of capital market professionals.
Fiona will assume office on April 30, 2026, with her formal investiture scheduled for June 25, 2026, where key stakeholders across Nigeria’s financial ecosystem are expected to gather to mark this historic leadership transition.
General News
Hackers Won’t Stop: NDPC Reports 1,500 Attacks, Warns Organisations

National Data Protection Commission (NDPC) has revealed that it recorded over 1,500 cyberattack attempts within a short period, exposing critical gaps in Nigeria’s data protection ecosystem.
The National Commissioner of NDPC, Dr. Vincent Olatunji, disclosed this in an interview with the News Agency of Nigeria (NAN) on the sidelines of a data protection training programme in Lagos.
Olatunji said the surge in cyberattacks forced the commission to temporarily shut down its network as a security measure to prevent hackers from breaching its systems.
“This temporary shutdown was a preventive move to stop the attackers from succeeding; it underscores how serious the threats have become,” he said.
Olatunji said cyber threats had become persistent and increasingly sophisticated, requiring organisations to adopt proactive and continuous security measures.
“Cyberattacks are no longer occasional; they are constant. Organisations must monitor their systems round the clock and remain up to date with security protocols,” Olatunji said.
He stressed that entities handling personal and sensitive data must implement robust cybersecurity frameworks, regular audits and incident‑response plans to reduce exposure.
The NDPC commissioner highlighted the acute shortage of qualified Data Protection Officers (DPOs) as a major challenge in Nigeria’s data protection landscape.
He said the Nigeria Data Protection Act mandates organisations to appoint DPOs, creating a surge in demand for certified professionals that the current workforce cannot meet.
“There is a significant gap between demand and supply of skilled personnel. This training is designed to prepare participants not just for certification, but to fill that gap effectively,” he said.
Olatunji said Nigeria’s data protection ecosystem had recorded notable growth under a Public‑Private Partnership (PPP) model, generating over 10 million dollars in value.
He also revealed that the framework had generated more than seven billion naira in government revenue through registration fees and fines.
“Beyond revenue, it has strengthened Nigeria’s global reputation and boosted investor confidence in how data is managed and protected,” he said.
On ransomware attacks, Olatunji warned organisations against paying ransoms, stressing that payment emboldened cybercriminals and encouraged further targeting.
“Once you pay, you empower attackers. The focus should be on strengthening systems to prevent breaches, having backup plans, and responding swiftly when incidents occur,” he said.
He urged both public and private institutions to prioritise resilience over quick fixes when dealing with cyber extortion.
Facilitator Dr. Taiwo Oyeleye said the ongoing training programme was designed to equip participants with both theoretical and practical knowledge of data protection and privacy.
“They will gain a clear understanding of data protection principles, organisational frameworks and technical safeguards required to secure sensitive information,” he said.
Oyeleye expressed confidence that participants would help bridge existing awareness and capacity gaps across sectors such as finance, health, telecommunications and government services.
Another facilitator, Mr. Wole Jacobs, advocated for stronger collaboration between the NDPC and the National Information Technology Development Agency (NITDA) to confront emerging cyber threats.
Jacobs said the training would enhance participants’ capacity to protect data, promote awareness and contribute to Nigeria’s digital‑transformation agenda.
He emphasised the need for continuous learning and adherence to global best practices in cybersecurity and data‑privacy standards.
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